Jamal Awil

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Portfolio theory moves us out of a linear logic of investment. [fact]

Portfolio theory moves us out of a linear logic of investment, which implies the steady securing of profit from long-term investment in certain concerns, towards a more chaotic and scattered pattern, which sees profit generated by overlapping, inter-referential, and even contradictory short-term investments as part of an overall portfolio and an overall strategy guided by the principle of securitization (see Chapter 3).

Max Haiven, Cultures of Financialization, loc. 449